Drax Group Dividends and Buybacks
Dividend criteria checks 4/6
Drax Group is a dividend paying company with a current yield of 3.72% that is well covered by earnings.
Key information
3.7%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.243 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Drax Group plc's (LON:DRX) Earnings Are Not Doing Enough For Some Investors
Nov 20
Drax Group (LON:DRX) Seems To Use Debt Quite Sensibly
Sep 24What Is Drax Group plc's (LON:DRX) Share Price Doing?
Aug 31Drax Group plc (LON:DRX) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Jul 29What Does Drax Group plc's (LON:DRX) Share Price Indicate?
Apr 24Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Apr 09Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)
Feb 07Drax Group plc (LON:DRX) Doing What It Can To Lift Shares
Dec 24Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate
Oct 24Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?
Sep 20Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Aug 18Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook
Jul 30Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)
Jul 20If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity
Jun 28The Price Is Right For Drax Group plc (LON:DRX)
May 27Is Drax Group (LON:DRX) Using Too Much Debt?
Apr 02Should You Think About Buying Drax Group plc (LON:DRX) Now?
Jan 20Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 16At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?
Sep 19Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt
Aug 24Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher
Jul 28Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 15Is Drax Group plc (LON:DRX) Potentially Undervalued?
May 22Is Drax Group (LON:DRX) Using Too Much Debt?
Mar 30We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve
Mar 03Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 09Is Drax Group (LON:DRX) A Risky Investment?
Aug 27Is Now The Time To Look At Buying Drax Group plc (LON:DRX)?
May 12Here's Why Drax Group (LON:DRX) Can Manage Its Debt Responsibly
Apr 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRX's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Drax Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRX) | 3.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Renewable Energy) | 4.0% |
| Analyst forecast (DRX) (up to 3 years) | 4.7% |
Notable Dividend: DRX's dividend (3.72%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: DRX's dividend (3.72%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), DRX's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), DRX's dividend payments are well covered by cash flows.